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20121201
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of what they had done. the queen of spain, the british parliament, two united states' presidents, supreme court justices, the american congress, the queen of england, they are all paying close attention to the debate. what do we do about these africans who have taken courage in hand and seized their own freedom? well, their self-emancipation, i want to suggest, had a lot of ripple effects around the atlantic, in europe, in africa, in the caribbean, and in america, especially in america where it had the impact of radicalizing the abolitionist movement, and by that i mean that more and more people began to recognize that the resistance of enslaved people was crucial to abolition. they began during the time of the rebellion to quote a famous line from lord byron. this is repeated again and again and again running all the way up to the civil war, and that line was those who would be free must themselves strike the first blow. in other words, action from below can be a trigger. this had a very dramatic impact op a lot of leading african-american intellectuals like henry highland-garnett, frede
in italy, spain, and france proved especially wary. only britain bucked the trend with a rise in new car sales. a decade it has been since the inclusion of the german media empire. the state appellate court in munich today ruled that deutsche bank must pay damages to the heirs of the deceased mogul. >> the court ruled that the former ceo of deutsche bank, seen here, was responsible for the collapse of the world's largest licenser of film rights. in an interview, this credit worthiness was question, driving the conglomerate into bankruptcy. damages are expected to range anywhere from 120 million euros to 1.25 billion euros. it was also a big topic at the frankfurt stock exchange today. our market correspondent gave us this report from the trading floor. >> for the deutsche bank, this verdict is more than just a verdict because it weighs heavily on the image of germany's biggest bank. also because of the fact that the trial is not the only one that the deutsche bank is faced with, and some analysts are fearing now that investors might lose their confidence in dutch bank and sell their shar
a recovery occurring in the eurozone, nkts look forward to 2014 and beyond. >> spain? >> for sure. >> when? >> probably in the second quarter. >> that's an interesting idea, all at once. david owens from jeffries, thank you so much for stopping by. >>> straight ahead, economic policies for next year and what is in store for markets if it mean slower, short-term growth? can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground at fedex of. >>> shinzo abe wastes no time on calling on the bank of japan to ease interest rates. >>> get a little, give a little. reports say john boehner may be willing to raise the tax rates on the rich if president obama raises the cuts. >>> and corporate news weighs on sentiment in europe. kpn shares fall as the dutch telecom group scraps the divide dividend. >>> okay. we're into new trading week here. the xetra dax and the french mark
, and more. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] every time you say no to a cigarette you celebrate a little win. nicorette gum helps calm your cravings and makes you less irritable. quit one cigarette at a time. >>> this special edition of "nightline" continues from new york city with bill weir. >> not columbine, nor virginia tech, nor the gaby giffords shooting that took six lives in tuscan had much effect on the gun debate if this country. but there is nothing like the slaughter of 20 first graders to help people focus on an issue. many on both sides of the second amendment debate wonder tonight if this one is big enough to actually change the bi
whole >>> rain on christmas day, more showers into wednesday >>> it's been a difficult year in spain. one in four people there out of work, but it's ending with some christmas cheer. nearly 2,000 people hit the jackpot in the world's richest lottery. the story of el gordo is next on "cbs this morning." and it feels like your life revolves around your symptoms, ask your gastroenterologist about humira adalimumab. humira has been proven to work for adults who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. in clinical studies, the majority of patients on humira saw significant symptom relief and many achieved remission. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma or other types of cancer have happened. blood, liver and nervous system problems, serious allergic reactions and new or worsening heart failure have occurred. before starting humira, your doctor should test you for tb. ask your doctor if you live in or have been to a region wher
nations, such as france or spain whatever, you had to make george iii out to be a tyrant. so he came up with all of these arguments about what he did and that is with jefferson did. >> what did you think? >> i was not a big jeffersonian after i did all of this. he was a wordsmith. he was not a good executive when he was governor of virginia. he was not able to organize effective resistance. he was't famous until famous in the sense that we know historically now. so when he was running for president in the 17 nineties, he held in sulphide as the author of the declaration of independence. which in some ways he was. nobody even cared about that in the 1770s. but that was his claim to fame when he was running for the presidency. he and john adams died on the same day. that is when the whole thing became a sainted document. it was god's handiwork that he -- that they died on the same day. >> would you have fit back in those days? >> up probably would have been a trouble maker -- i probably would have been a trouble maker. i probably also would have been somebody who had a strategic bent. i'm
to be credible to the other nations so they could gain from france or spain, and this was another reason for the declaration of independence, you had to make george iii out to be a tyrant. sonya, with all these arguments about what he did. that is where tempers and dead. -- so they made all these arguments. >> what did you think about jefferson? >> i did not think much. he was a words maturity was not a good governor of virginia. the british almost caught him one time. he was not able to organize effective resistance. he was not famous until he was -- famous in the sense that we know him historical now -- until when he was running for president in the 17 nineties. he held himself out as the author of the declaration of independence, which in some ways he was. nobody had cared about that during 1770 s, but it helped him. that was his claim to fame when he was running for the presidency. then when he and john adams died on the same day, july 4, 1826, and that's when the whole thing became the document that this was god's handiwork, but they died on the same day. >> knowing what you know ab
to celebrate with his parents >> some lucky people in spain are celebrating winning spain's cherished christmas lottery. the lottery is the world's richest.giving out 3-point-3 billion dollars in tax-free monetary prizes. that's in u-s dollars. unlike lotteries that generate a few big winners, spain's version - now celebrating its 200th anniversary - has always shared the wealth more evenly instead of concentrating on vast jackpots. >> he has produced everybody from willie nelson, diana ross, more, coming up. >> there is something going on here, even as obama released his a birth certificate, even after that 50 percent of republicans still were not quite sure that he was american. and they say that he feels foreign. that is the phrase that they used. and to me, john boehner, he feels female. [laughter] >> jan: that is bill maherthat was a clip from bill maher's internet standup special called "crazy,rick, you are the producer of those trips that are going to honolulu on new year's eve and maui a new year's day. >> oakland has a direct flight. >> that is terrific. >> he has a ton of fans. come o
: for "smart is the new rich," i'm christine romans. >>> a small town in spain has hit the jackpot. we'll tell you about that in a moment. >>> and if you go out today, you can watch cnn from your mobile device. punch in cnn live or from your laptop, that is. punch in cnn.com/. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assisnce, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. >>> president obama says he's optd meigsic a bill can be reached on the so-called fiscal cliff. the president and lawmakers left washington for the holidays, but leaders from both sides plan to return after christmas to try to hammer out a deal that would avoid tax hikes for millions of americans. >>> cold, windy, and snowy. that sums up the weather across much of the n
in spain. our road map begins with what appear to be significant progress in the debt negotiations overnight. a whose proposal looking to raise rates for those making more than $400,000 a year. but senator corker on squawk just poured a bucket of ice water on those hopes. >> whitney boosts her recommendations on citi, bank of america and discover financial. is that move by one of the more famous financial bears, a sign of a new era for banks? >> walmart is once again the target of a "new york times" investigation. but does the paper add anything new and can the stock outperform just as it did last time. >> private equity firm server said it will sell the firearms conglomerate. is private equity talking about guns in the country. >> futures moving higher on optimism. the white house republicans rising above partisanship, getting closer to striking a deal on the fiscal cliff. we have the latest on not just the breakdown of this offer, but by the response of some key senators this morning. good morning. >> yeah, that's right, carl. we saw the offer come in late last night and now we'r
.com. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> if you were lucky enough to pick up an la times tonight. you found this. a conservative case for a ban. i was fascinated of course and i grabbed it to read it by larry al llen burns. i had no idea who he was until i read the first sentence which as was kwis quite a grabber. last month i sentenced jar odloughner for his shooting rampage in tucson. judges do not have his kind of communication with the public. so i knew i was holding something extra informatiordina hands when i read this. i knew i was going to hand it over to his judge to make this conservative case as he puts it for a ban. he says that tragedy left six people. t
. over 800 still missing. in spain, more than 5,000 medical workers taking to the streets protesting budget cuts and to partly privatize the country's health service. >> gregg: as the tragic shooting in newtown, connecticut inspires soul searching nationwide, everything from school safety to mental illness to the family itself, there is growing debate over just how lawmakers are reacting. what kind of dialogue this horrifying crime might inspire in our nation's capital. steve centanni has more on that. >> reporter: shock and sadness in washington, that for sure in the wake of that tragedy in newtown and at the same time some ideas are being floated aimed at preventing the same kind of thing from happening again. out going senator joe lieberman and independent from connecticut has this recommendation. >> i think we need a national commission on mass violence, not to be in place 6 anything else the president or congress or state governments might want to do but to make sure that the heartbreak and the anger that we feel now is not dissipated over time or lost in legislative gridlock. >
spain is $9. i drink a lot of that. >> this sounds like a law firm in barcelona. some of the most amazing sparkling wines and values come from spain and it's only $9. it's made like a champagne but doesn't cost lime one. >> how much is that? >> it's $12. it's absolutely a party in a bottle. >> if you go to italy, whether you're in rome or venice, you'll see literally everybody on new year's eve walking around with it. this is a very good one. >> and then a sparkling wine from australia. >> it's unusual. >> yeah. i've never heard of that. >> people think of australia gives us chardonnay and others. this is jacob's creek. ice made exactly like a champagne, chardonnay and pi pino noir, two of the grapes that go in champagne. but it's really remarkable. >> this is champagne? >> it's right next door to champagne. in france when they make wine in a sparkling wine type style, you can get this from burgundy. this one is made from pinot noir and chardonnay. it's aged like a champagne but doesn't cost like a champagne. this is only $17 an hour. this is my personal favorite. this is very fam
production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, gbal economy. it's just one reason over 75% of our mutuafunds beat their 10-year lipper average. t. ro price. invest wi confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. lou: back with the a-team, gun control, mental illness, what we can do about it. >> you were just talking about how the mother was trying to get him committed, and then courts get involved because to try -- lou: waiting for a hearing. >> waiting for a hearing. to get an involuntary commitment on a 20-year-old man is difficult. it's taking a lot of time. it should not be that way. when the signs are so clear as they were in this case, then action needs to be taken right away, and i don't understand why that doesn't -- didn't happen, but i tell you the lawyers in the courts accept that. >> it didn't happen in this case with respect to medications and things of that sort, but i think w
we go, ah. but it is amazing. nothing we can do. >> we're afraid spain is going to come -- spain was supposed to come to market. italy, oh, my, what happens when italy -- it turns out you had to take it down. i know that john corzine, very controversial figure. that's a code word. but what a trade they almost had. in the news again today. >> almost. >> horseshoes, hand grenades. >> we should point out, gm was certainly not having the easiest of times of it. this morning's stock is up sharply, we're telling you why. the company will buy back at a premium to at least what was the market price as of yesterday, 200 million shares from the government at $27.50. that having the effect of sending the stock above that. why not, if you're gm, you've got all this cash sitting on your balance sheet. you're earning virtually nothing on it, why not take the opportunity, even at a premium, to buy it back by as much as 11%, shrinking the cap by that much. we heard from tim massad who runs t.a.r.p., they'll be dribbling out the shares over time. the next 12 to 15 months. similar to the strategy
degrees fahrenheit. >>> i'm guessing that spanish for i won a lot of money. >> spain's annual christmas payout. most of the winners were from immigrant neighborhoods near madrid. the typical ticket is $26. the return on it is more than $500,000. by the way, the government is the biggest winner in the lottery. it keeps one third of the money collected. >> new plans to keep guns off the streets in san francisco. >> still to come, the type of ammunition targeted and the mayor's proposal. >> first, imagine having a tv that watches you. answering questions when it comes to the high-tech gadgets. an expert joining us live in the studio next. >> and the heaviest rainfall in right now. this morning we given up the possibility of gusty winds and thunderstorms throughout the day. what is your christmas weather forecast? we'll tell you coming up right after the break. ,,,,,,,,,,,, >> and here's a hype -- a live look. a moderate rain falling across the bay area. have yourselves moving across concord. 70 forecast coming up. ,,,,,,,, rain may flood bay area road ways.... plus - we may see thunderstor
of sexual assault in sweden. >>> in spain the lines are long as people wait there to buy a lottery ticket. the world's oldest weekly lottery is giving away the biggest jack spot price in history. up for grabs $3 billion. even though the jackpot is record sized fewer people are snatching up tickets. customers say it is a sign of the slow economy. elementary and middle school students will be riding in style this winter break. it's all thanks to a bike give away coordinated through campbell mayor evan low. >> kids will remember their first bike and it's important to figure out a way to make children's lives a little more special. >> 42 students attending elementary and middle schools in the campbell union school district were chosen to receive the brand new bikes. >>> we are getting new information now on the scene of that accident in san francisco where four people were hit by a speeding driver. what first responders sawhen they arrived on that scene. a bay area city siting with a dispensary. the information that unfolded today inside a federal court in san francisco. >>> our chief meteoro
comes up over the year. liz: worried about greece and ireland and portugal, and italy, spain, then the election. go back to the primaries. what will happen with the primaries, then election, then fiscal cliff. it's always something. all you really saw if you look at one are to your charts of the s&p, dow, you name it. not exactly a straight shot, but it was a rally. people sitting on the sidelines terrified, shaking their hands saying we are not going to buy. look at the far left. now where we are today, you're looking at what some of you out there miss because you were scared. how did you convince people there is more room to run normally you don't believe that? >> for us it is very much business. with respect to these various crises are fears of the fiscal cliff for the election are what have you that the rate -- create uncertainties in investors' minds, it's often better to adjust to now. ridge example is the election. in early november right after words two weeks later, 11%, markets is just grew up. be classy about this. event guess what. yesterday or the day before we we
in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ don't know what i'd do ♪ i'd have nothing to prove ♪ i'd have nothing to lose [ male announcer ] zales is the diamond store. take up to an extra 15 percent off storewide, now through sunday. take up to an extra 15 percent off storewide, progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. is a
in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefull. with investment information, risks, fees and expenses to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf,
? we believe that every time italy and spain would have to raise money, do those deals, interest rates would shoot through the roof, bankrupting all involved, sovereign countries, companies, banks. instead, by letting cooler heads prevail through can kicking, smart private sector investors kicked the tires, not the cans, and they bought the debt. hit home runs every time they did. as rates came down hard, courtesy of bank backstop that did work. the europeans realized if they stopped the can kicking game cold like so many investors claimed they had to do, well, europe would go into severe depression. they didn't want that kind of austerity, their leaders bought time by kicking the can and that's what was most needed, time. they bought time. how well did it work? considering rates are not only not dramatically higher, they're dramatically lower, and the euro right now, strongest currency in the world. hmm, i thought the euro was supposed to vanish by this time with the secret sellers around the country. i thought greece was supposed to be kicked out of the union. instead, my advice, do
it was a right of passage into adulthood. most of the skeltons spain. richest lottery. more than $3.3 billion up for grabs in a country where one in four people is out of work. prize amounts vary and there are usually thousands of winners. the top prize this year, about a half million bucks. and that's a rap on this fox trip around the world in 80 seconds. the half million is worthless, of course because it's been a very good run in a span of about 200,000 years humans have created the wheel, the interwebs and twinkies. but it's all over in a matter of hours. there is no tomorrow if the myans are right. nice knowing you. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. hurry in for a droid incredible 4g lte by htc for $49.99. a hybrid? most are djust no fun to drive.e now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsep
] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bonus cash ends january 2nd. oh,this is jucier than i thought. we actully keep track of how many times this kid picked his nose? tongue's out, hair pulls, stink eyes, man we see eveything. oh, it's the old man. hold on, i gotta
. the reports if the winning numbers were played by a group of people in northeast spain, but participants should be prepared to split the money. there's no single jackpot. instead, it's a share the wealth system with thousands of winners, still it works out to about $524,000 per person. >>> and been going gangnam style? you are surely not alone. the viral hit song by south korean rapper psi is now the most watched music video of all time. that's according to billboard which says it's been viewed now more than 1 billion time. that's billion with a "b." gangnam style, indeed, you're not alone, randi. >> i'm still thinking about that water that guy in the first story the guy threw off. >> unbelievable. >> disappeared in thin air like that. i once actually fried an egg in a very hot city i used to work in in local news. >> you can also bake cookies, you know, in your car. something like that. >> i love it. thanks, nick. we'll check back with you. >>> shifting gears now, president obama promising action on gun control and he's put vice president biden in charge of the response. but the nra has
treatment for his spain not a pill, but a plant. cannabis also known at marijuana. for the most part he gross his own at his home in california central valley. when he wants to try out new varieties or buy plants makes the two hour drive to harbor side health center in oakland. >> what's the best that you have on the top shelf? >> guaranteed good clean medicine, quality, just a nice safe haven, people feel safe coming here. like going to your neighborhood vcs or anywhere else, any neighborhood pharmacy. >> harbor side offers patients about 250 different strengths of cannabis in different forms. including edible, tinctures and creams. big business. they brought in $25 million in sales. money that cofounder steve deangelo would end up on the street. >> we have taken $25 million a year of illegal drug sales off the streets of oakland and brought them in to harbor side. >> deangelo has been a marijuana activists since he was a teenager. says when he moved to california in 2001 there weren't many places for patients to buy marijuana safely. >> i started harbor side to create a model of be
reaching far beyond america's shores. just how far should spain's police go in keeping protest under control? cashing in on the the end of the world. in some places, doomsday is proving quite the business boom
. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> today, connecticut investigators looking into the newtown school shooting. the shooter did not leave behind a note or a letter. they also say the hard drive had been removed and severely damaged as if it had been smashed with a hammer, so say the police. according to the washington post, the shooter had no social media profile. one former classmate said he had been home schooled for a time before attending the local high school. but, again, the investigation into the shooter is on going and a complete profile may not emerge for days or weeks yet. investigators hope to learn as much as they can by learning of the survivors of t
ago, two people were hiking along a rocky cliff side in spain. they spotted the fossilized remains after dinosaur in a massive stone near the water. that stone was eventually washed out to sea and deposited someplace else. that part is peculiar. today a spanish army helicopter recovered the rock. the plans are to display it at a museum. experts say that they believe the remains are from a small plant-eating dinosaur that lived 152 million years ago. that's about the time that that food pyramid i was talking about earlier. >> that's in the smithsonian. >> quite a story from one big old rock. >> isn't that something? >> how did it get swept out to
of a small town in spain christmas came a little early. they have won the bulk of the country's annual christmas lottery that pays out $2.2 billion. it usually goes thousands of winners. the biggest prize was won by residents of this town near madrid. spaniards usually buy tickets to share and share it amongst their friends and family so the joy is spread around. the so-called mayan end of the world prediction has come and gone. i think we're all still here, but tourists have good reason to get a taste of mayan history and culture in cheech knee za, mexico. nick parker gives us a look. >> i'm here in ancient mayan ruins of cheech i neat za where thousands came to mark the end of the world as some said. well, the world didn't end but there are still many, many good reasons to come and visit what has been described as one of the seven wonders of the modern world. chichen itza was one confident largest cities in the em buyer. it stretches out about five square kilometers of ground here in the yucatan. a lot of the architecture is still extremely imposing. it templeal corresponds to the ma
in may performed by a flash mob in spain. this video got 8 million views on youtube. enjoy this, everyone. i'm going to. ♪ >> amber and marcy and paul started north carolina based footsteps clothing which had a booming christmas theme pa michael jordan a line. not one that could be just a seasonal business. they added other holidays and eventually expanded to products that celebrate family life. for more watch "your business" sunday mornings at 7:30 on msnbc. ♪ [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep living the good life. crest. life opens up when you do. ♪ end ♪ drown my sorrow ♪ no tomorrow ♪ month tomorrow ♪ find it kind of funny >> in today's office politics my discussion with jon meacham, author of "thomas jefferson the art powe
. and this guy says, yeah, mayans are trending. what a comeback, take that, spain. another person says, i got a message from sallie mae that tomorrow's apocalypse will not alter my student loans. and one says after tomorrow it's just cockroaches and regis. >> enjoy the end of the world, everybody. here's your polka. ♪ ♪ politics and foreign wars, all the weather, all the scores ♪ ♪ that's the "world news now" polka ♪ ♪ businesses from tokyo, that's the world of polka ♪ ♪ it's late at night and you're wide awake and you're not wearing pants ♪ ♪ have some fun, be a pal, do the "world news" polka ♪ ♪ that's the "world news" polka ♪ ♪ we're stuck here on the overnight, but that's okay because when he comes down the chimney we say hi to santa claus ♪ ♪ get us off this midnight shift ♪ ♪ that's the "world news "polka ♪ ♪ we wish you seasons greetings and the best of everything ♪ ♪ that's our christmas gift to you ♪ ♪ it's the "world news" polka do the "world news" polka ♪ >>> this morning on "world news now," solemn remembrance. today's national tri
, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invesest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. live and in hd, this is an abc 7 news update. >> good morning. 7:26 on this tuesday, december 18. i am cynne simpson. you can drive a little faster major d.c.al commuter routes. stretches of several roads including new york avenue, capitolurg road, north street, and canal road. speed limits on parts of benning 295 were raised last month. an apparent home invasion and shooting in fort washington. suspects broke into a loflin road home overnight. the man confronted the then shot him. cash and jewelry. the man is expected to survive. news channel 8 will have more in in a fewbeginning minutes. get a look at today's commute with jamee whitten. good morning. >> good m
with the omp with spain but they gave you a second put which you guys didn't talk about which is amazing. >> what's the second piece of it then? >> the second piece was when they were just this last meeting and you had this vote, how did the vote go? you know how the vote went for lower interest rates? you guys know how -- can somebody put on their prompter so they can figure out what it is? how did the vote go for lower interest rates? i'll tell you how the vote went. lower interest rates. they didn't lower interest rates this time. what they said, though, if you go back and look at it, every member before voted for lower interest rates. majority for lower interest rates. who didn't vote for lower interest rates? it was azulman, if my pronunciation is wrong, there's no way i'm going to get it right. pittsburgh people, what are you going to do. and this other guy draghi. and there was a fourth guy, begins with a "c." basically you're in this situation, whenever draghi wants to lower interest rates in europe, he can do it. >> but we haven't understood why they haven't done it to this poin
's going to be a lot of protests in spain, for example, today. foreign exchange, if we look at the dollar/yen, we look how quantitative easing is going to be a much more enhanced program in japan after the elections. you can clearly see how the dollar has performed quite admirably against that weakening of the currency issue on quantitative easing. remember, for an export economy, this is not something they're so upset about. last, but not least, even our weakened partner in europe, we just discussed, look how the euro versus the dollar is at some of the best levels we've seen since early may. something to pay attention to. we also had empire index on the weak side. and minus 56 billion on october treasury, international capital flows. that's the weakest level since the summer of 2011. now we're going to go to david faber who's talking about a sprint clear wire deal. how clear is it, david? >> we did get the deal itself, rick santelli. thank you very much. after a couple of months of which we've been talking about this. if you recall, back on october 10th, we got the deal this morning in
of questions. how does it apply to us. they're going through an awl lot in spain. it is a terrible economic situation. 50% unemployment for young people. 25% unemployment in the country. >> bill: wow. >> we think we got it bad. tricky stuff. >> bill: oh, boy. thanks for coming back from madrid just for -- >> just for the show. >> bill: for the "full court press" this morning. yesterday, we lost a real hero. a legendary united states senator in dan inouye died yesterday at the age of 88. he was known for many things. he had been representing hawaii. peter, as you know, since 1954. even before hawaii was a state. united states senator since 1963. and of course, a war hero. lost his right arm in combat in world war ii. was given the medal of honor by president clinton. >> which, by the way that's an amazing story about how he got that medal of honor and basically his hand, on a hand grenade. unbelievable. >> bill: he had one of the most distinctive speaking voices of any united states senator. here he is last yea
from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. plays a key role throughout our lives. one a day women's 50+ is a complete multivitamin designed for women's health concerns as we age. it has 7 antioxidants to support cell health. one a day 50+. >>> chase kowalski completed his first little kid's mini triathlon. he was a cub scout who played baseball, enjoyed the kids workshop at the home depot as well, 7 years old. injo injoining us now, dr. drew pinske. thanks so much. how important is it first of all for these other kids, nearly 600 of them, to get back into a regular school routine? >> it's very important, wolf, that these parents tell their kids that they're going to be safe and they need to
by december 22nd for christmas delivery. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. capitol hill today after a scathing independent report faulting the u.s. consulate for the deadly attack in benghazi. senator john kerry seems to praise her response. >> the report makes 29 recommendations in total, five of which are classified. secretary clinton has embraced every single one of them. i think the secretary's swift action underscores how determined she is to apply the lessons of benghazi. >> joining us now is our chief correspondent and anchor of "the state of the union," candy crowley. do you think she's going to be tarnished because of this benghazi report? >> we do. we know he
%. what we saw was the recession expanding. spain, italy, the uk, all found austerity taking its toll even more as unemployment continued to rise in some of those countries. even the large country, the economic powerhouse germany found its slelf slowing down. the root cause of it all was the inability of the european governments to come to policies to get growth started again. towards the middle and end of the year they did, but the tale was style there. very much austerity again and again. perhaps if there was only one change that took place as we moved into the fall and into the winter. it was the realization that most of these countries could take no more austerity. social welfare having been cut, health care cut, unemployment, growth virtually nonexistent. now the talk is not of more austerity, but how to get growth started again across the contine continent. suzanne. >> thank you, richard. >>> christmas, of course, is a time of giving, but there are many struggling families in boston that couldn't aafford to get their children he anything. this year for almost six decades help kamt no
and france are about to go in recession. when you have a shaky economy, piling on taxes does not work. spain's has been raising taxes. we have not seen anything like this with governments deliberately raising taxes on a scale since the early 1930's. they should be going in the opposite direction. they are putting more burdens on the private economies. host: somebody who may be in your income group wrote an op-ed about a month ago and this is part of it. i want to get your reaction. guest: in terms of income and what people effectively pay in tax rates, people and higher incomes pay effective tax rates three times those earning middle incomes in this country. salaried income versus capital gains gets confused. capital gains are no sure things. it is a high-risk proposition. there has always been a lower rate for capital gains. you would see this economy crater and hope of investment and go by the boards. bill clinton lowered the tax rates. to reverse that trend, that was a bad decade, the 1970 's. we have seen that in other countries. raise the rates and you get less investment and a lower st
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